There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of State Bank Of India for its Uactikiri branch in Rayagada, Tikiri, Odisha, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of State Bank Of India situated in Rayagada or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code SBIN0017979. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for State Bank Of India, Uactikiri, Rayagada

Below in the table are the key details related to IFSC Code SBIN0017979 of State Bank Of India for its branch located in Rayagada, within the district of Tikiri in the state of Odisha.

Particulars Details
Bank State Bank Of India
IFSC Code SBIN0017979
Branch Uactikiri
City Rayagada
District Tikiri
State Odisha
Address Utkalaluminacampusdoragudadisttrayagada765015Odisha

These details are essential not only for online banking users but also for businesses and individuals who use State Bank Of India in Rayagada for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0017979 for the Uactikiri branch of State Bank Of India plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Uactikiri, Rayagada, Odisha, is provided a unique IFSC like SBIN0017979 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the State Bank Of India branch in Rayagada.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Rayagada and Tikiri.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Odisha and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Uactikiri do not get misguided to another person.

Format of the IFSC Code SBIN0017979

The format of the IFSC Code for banks, including State Bank Of India, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Uactikiri in Rayagada.

For example, the IFSC Code SBIN0017979 of State Bank Of India for the Uactikiri branch includes these elements, identifying the bank and the branch location in Rayagada and Odisha correctly.

How to Find IFSC Code for State Bank Of India?

If you are looking for the IFSC Code SBIN0017979 of State Bank Of India for its Uactikiri branch located in Rayagada, the following methods can help:

Cheque Book

The cheque book that is issued by State Bank Of India includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including State Bank Of India branches in Rayagada and Tikiri, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of State Bank Of India and look for the branch locator section, then search for Uactikiri or Rayagada to get the exact IFSC Code SBIN0017979.

Mobile Banking App

If you use State Bank Of India's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for State Bank Of India and Rayagada, then it will provide you proper information.

How to Use IFSC Code SBIN0017979 for Online Transfers?

Once you have the IFSC Code SBIN0017979 for the Uactikiri branch of State Bank Of India in Rayagada, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SBIN0017979. Transfers are processed in batches. This is suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0017979.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Uactikiri in Rayagada may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of State Bank Of India in Uactikiri, here are some of the ways you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official State Bank Of India website.
  • Search the RBI portal.

Knowing both IFSC and MICR code can help account holders in Rayagada manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of State Bank Of India Uactikiri Rayagada?

The IFSC Code of the Uactikiri Rayagada branch is SBIN0017979.

Is IFSC Code SBIN0017979 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the State Bank Of India Uactikiri branch?

The branch is located at Utkalaluminacampusdoragudadisttrayagada765015Odisha.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.